---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-029225"
form_type: "8-K"
ticker: "TRON"
cik: "0001956744"
company_name: "Tron Inc."
filed_at: "2025-12-29T23:59:59+00:00"
generated_at: "2026-05-16T12:09:43.312881+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Tron Inc. secures $18M strategic equity investment from Justin Sun at $1.3775/share

## Summary
- Black Anthem Limited, controlled by Justin Sun, buys 13,067,151 restricted shares at $1.3775 each, gross proceeds ~$18M.
- Proceeds to be paid in USDT/USDC stablecoin and used to expand TRX treasury portfolio.
- Issuance brings total shares outstanding to ~274.4M; exempt from registration under Section 4(a)(2).
- Justin Sun is founder of TRON blockchain and advisor to Tron Inc., signaling long-term alignment with ecosystem growth.
- Company believes investment strengthens credibility, balance sheet, and ability to drive shareholder value.

## SEC filing metadata
- accession: 0001493152-25-029225
- form_type: 8-K
- ticker: TRON
- cik: 0001956744
- company_name: Tron Inc.
- filed_at: 2025-12-29T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1956744/000149315225029225/0001493152-25-029225-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1956744/000149315225029225/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-029225
- JSON: https://secwatch.observer/filing/0001493152-25-029225.json
- Plain text: https://secwatch.observer/filing/0001493152-25-029225.txt

## Key facts
- Material Agreements
  Tron Inc. entered into Stock Purchase Agreement with Black Anthem Limited valued at approximately $18 million (effective 2025-12-24).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: Black Anthem Limited
  - Value: approximately $18 million
  - Effective: 2025-12-24
  source text: On December 24, 2025, Tron Inc. (the “Company”) entered into a Stock Purchase Agreement (the “SPA”) with Black Anthem Limited (the “Investor”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1956744/000149315225029225/0001493152-25-029225-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.